4 November 2008, 17:58  U.S. stocks rises ahead of presidential election

U.S. stocks rose on Tuesday as Americans began voting in the race for the White House, while an interest rate cut from Australia raised hopes of further aggressive global moves to ease an economic slowdown. The Dow Jones industrial average rose 168.06 points, or 1.80 percent, to 9,487.89. The Standard & Poor's 500 Index gained 17.88 points, or 1.85 percent, to 984.18. The Nasdaq Composite Index added 27.79 points, or 1.61 percent, to 1,754.12.

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